Category: News

  • AutoblogGreen for 04.29.10

    Know what you want and need, or you may not get to buy a Nissan Leaf
    “We may tell the customer, ‘Look, you’d be better off buying an Altima or a Sentra because your driving patterns are not ideal for this car.’”
    Oklahoma is newest market for natural-gas burning Honda GX
    State number four.
    Report: Tesla’s Elon Musk says new SUV model due in 2013
    More to come after that.
    Other news:

    AutoblogGreen for 04.29.10 originally appeared on Autoblog on Thu, 29 Apr 2010 06:03:00 EST. Please see our terms for use of feeds.

    Read | Permalink | Email this | Comments

  • Chrysler Sebring to be renamed Nassau, report says:

    The Chrysler Sebring will reportedly get a new name later this year: Nassau.

    The midsize sedan is due for a freshening, including an updated interior, along with its Dodge sibling, the Avenger. The Detroit Free Press, citing anonymous sources, says the new name will be Nassau.

    Chrysler is not commenting on the possible name change.

    “[We] definitely don’t have anything to announce about the possible name change later this year,” spokesman Rick Deneau said.

    The Nassau moniker should ring a bell with car fans. It was the name of Hemi-powered, four-passenger luxury concept shown at the 2007 Detroit auto show. With striking looks and a prominent grille, the concept displayed a dash of panache–potentially for a future Chrysler. The concept rode on a 120-inch wheelbase and was meant to look more visually compact than a comparable Chrysler 300C, summoning the style of a shooting brake.

    Still, the Sebring refresh is more of an update, so look for the name change to be the extent of the Nassau genetics that make it onto the new sedan. The Nassau name was also used famously by Chrysler in the 1950s.

    Look for the new sedan to get Chrysler’s Pentastar V6 and with a Fiat-developed dual-clutch transmission–dramatic upgrades to the powertrain.

    Automotive News also reported in March that the Sebring name will be dropped because the updates are so extensive, according to CEO Sergio Marchionne.

    Chrysler Sebring

    Chrysler

    The Chrysler Sebring is due for updates to the engine, transmission and interior this year. Look for a new name: Nassau.

    The Sebring and the Avenger are sorely in need of updates to increase their competitiveness in a midsize segment loaded with viable entries. Toyota and Honda have long ruled the sales charts, but the Chevrolet Malibu and the Ford Fusion are showing strength in the market as well, as American buyers again consider domestic brands.

    Chrysler’s midsize products have languished as the company endured ownership changes and bankruptcy. Marchionne has made it a priority to strengthen the company’s products in that area with quick changes rather than waiting for full redesigns which could take years.

    Last week, Fiat announced that the Sebring will be built in Turin, Italy, along with the Alfa Romeo Giulia, which is also a midsize sedan.

    For more


    Chrysler Sebring

    Source: Car news, reviews and auto show stories

  • TIME Magazine 100 Most Influential People In The World 2010

    “As Rachel Berry on the hit TV show Glee, she is inspiring young people to get involved in musical programs in schools and encouraging communities to fund them,” Aussie songbird Olivia Newton-John about actress Lea Michele, the 24-year-old Broadway baby wowing audience each week on the FOX musical Glee.

    It’s all a part of TIME Magazine’s annual list of the “100 Most Influential People In The World.” Lea joins pop culture notables like Bill Clinton, Lady Gaga, Sarah Palin, Conan O’Brien, Taylor Swift, Prince, and Elton John who were profiled by other famous people for the roundup. Time 100, on newsstands Friday, pays homage to honorees in four categories: artists, leaders, thinkers, and heroes.

    Visit TIME.com for the complete list……


  • The invention of childhood innocence

    When Robin Bernstein was a little girl, she perused textbooks belonging to her mother, who was pursuing a degree in early childhood education.

    “Of course I didn’t understand them,” said Bernstein, assistant professor of studies of women, gender, and sexuality, and of history and literature. “But I knew that she was studying a category of people, and that I was in that category. I was very aware of myself as a child. That’s how I first became interested in childhood as an area of knowledge — as a way of thinking about the world.”

    Bernstein’s new book, “Racial Innocence: Performing American Childhood in Black and White” (New York University Press), examines the weaving together of childhood, innocence, and race in the late 19th and early 20th centuries, a period that included slavery, Reconstruction, post-Reconstruction disenfranchisement of African Americans, the New Negro Movement, and the early Civil Rights Movement.

    “Three hundred years ago, there was no assumption that children were innocent,” said Bernstein. “That idea only became common sense in the United States in the early 19th century. Once the idea of childhood became laminated to the idea of innocence, children could be used strategically in political arguments. Children made these arguments appear to be apolitical, or simply evocations of truth.”

    Some people very consciously employed children to gain sympathy for their perspectives. In the influential novel “Uncle Tom’s Cabin,” Harriet Beecher Stowe places Little Eva, an angelic, white child, in a loving relationship with an adult slave.

    “The two characters are very tender with each other,” said Bernstein. “This is Stowe’s way of making Uncle Tom seem innocent and, by extension, making abolition itself seem innocent as well.”

    Other figures, Bernstein argues, unintentionally affected racial issues in the United States. In 1915, Johnny Gruelle appropriated blackface imagery to create Raggedy Ann. He deliberately chose such imagery not to make a political statement, but to tap into a source of mass appeal. Bernstein traces Raggedy Ann’s blackface minstrel roots back to the 1840s.

    “I would argue that this is part of the reason that Raggedy Ann is still popular,” she said. “Not because we consciously perceive blackface imagery, but because blackface imagery is one of the deepest aspects of American popular culture.”

    “Ever since innocence entangled with childhood, that connection has always been raced,” said Bernstein. “It was not just any childhood, it was specifically white childhood that was entangled with innocence. This entanglement was a way of excluding non-white children from innocence and from childhood. Popular culture suggested that if they weren’t innocent, then they weren’t children. If they weren’t white, they weren’t innocent.”

    In the final chapter of the book, Bernstein looks at how African Americans seized on the idea of childhood innocence and recaptured that notion for black children in the 1920s.

    “They fought back against the idea that black children were not children, were not innocent,” she explained. “They seized on this rhetoric and used it for anti-racist projects.”

    In her epilogue, Bernstein re-examines the psychological tests conducted in the 1940s by Kenneth and Mamie Clark, which were indirectly cited in the U.S. Supreme Court’s landmark Brown v. Board of Education decision against segregated schools as proof of “psychic harm” arising from societal racism. In these tests, black children were asked a series of questions about brown and pink dolls; most subjects expressed a preference for the pink dolls.

    Bernstein both acknowledges and pushes beyond the common critique of the Clark tests, that choice of dolls does not necessarily index self-esteem. The Clarks, she argues, were uncovering racism as knit through dolls for 150 years.

    “What their research shows very reliably is preferences in dolls, so I decided to put their tests into the context of the history of dolls. What you see is children having a very sophisticated understanding of standardized practices of play. You see children’s expertise in children’s culture.”

    The use of children in political arguments, Bernstein said, continues even today.

    “I’m looking at the origins of how the idea of ‘saving the children’ became useful and meaningful. My book ends in the early 20th century, but aspects of what I’m studying absolutely continue. If you want to make a political argument, just add the ‘do it for the children’ rhetoric, and it suddenly becomes a lot more persuasive.”

  • Your Mantelligence Briefing for April 29th

    Mantelligence pic 42810

    For absolutely no reason at all, here’s the world’s funniest push-up contest. (College Humor)

    We gave you the 10 Worst Cities for Bachelor Parties a few days ago.  In the interest of fairness, here are 6 of the best places to go.  (Made Man)

    Crass face tattoos + mugshots = Souvenirs of regret.  (CoEd Magazine)

    Do everything right, and one day you might get the swagger of these business magnates.  One day.  (Bro Bible)

    Buying a used car doesn’t mean you can’t afford new.  It often means you’re too smart to buy new.  Here’s how you do it.  (Art of Manliness)

    Hmmm….despite having attended an outdoor concert festival, music isn’t exactly the focus of these pictures.  Good work at Coachella, EgoTV.  (EgoTV)

    Why say no when it feels so good to say yes?  Adriana Lima in a live photo shoot.  (Made Man)

    These sexual records aren’t all they’re cracked up to be.  Except siring an army of children.  That’s pretty cool.  (Gunaxin)

    Your prayers have been answered: green, sustainable eyewear.  What?  Yes. (StyleCrave)

    And finally, I had seen a few of these in Vegas at the World Championship of Beer Pong back in January.  Traveling beer pong tables.  Not just for the pros anymore.  Here’s where you get them.  (Tasty Booze)

    Related posts:

    1. Your Mantelligence Briefing for April 8th
    2. Your Mantelligence Briefing for April 1st
    3. Your Mantelligence Briefing for April 23rd

  • Rock Festivals – Make This the Year You Don’t Just Talk about Going

    They're there.  You're in front of your computer.  Fix it.

    They’re there. You’re in front of your computer. Fix it.

    Thanks to the introduction of Lollapalooza and the like in the early-90’s, music festivals have only recently proliferated in the United States despite the historic popularity of multi-day festivals in both Europe and Australia.

    While some of the more popular festivals may not be terribly close to you, there are so many different and compelling festivals throughout the nation these days that you don’t have to make it to Coachella, Lollapalooza, Pitchfork, or ACL to see renowned acts and have a kick-ass time.

    The Space Lab does a pretty good job of running through the most pertinent and popular festivals this year, so rather than moping about missing Jay-Z at Coachella, get pro-active and go see live music.

    Related posts:

    1. Playboy Announces “Cyber Girl of the Year” 2010
    2. CNN.com Finds Six Words That Guarantee I Will Click on Their Link
    3. Guys Think About Sex 5,000 Times A Year

  • Gitmo Abuse ‘Contaminated’ Government’s Case, Attorneys Say

    A view from the recreation yard at Camp 4 of the Guantanamo Bay detention center (Photo by Spencer Ackerman)

    GUANTANAMO BAY — Making the most of their first court appearance since President Obama halted and then resumed the military commissions, attorneys for Omar Khadr, the Canadian citizen held here since he was 15 years old and charged with murder and support for terrorism, launched a forceful case Wednesday afternoon that a military judge should bar from court all statements Khadr made to his interrogators for the last eight years.

    Image by: Matt Mahurin

    Image by: Matt Mahurin

    “We will show this case was tainted by these statements from the very beginning,” Kobie Flowers, one of Khadr’s lawyers, told a packed courtroom, with Khadr himself seated just a few feet away. The physical and mental abuse that Khadr claims in an affidavit to have suffered at the hands of U.S. law enforcement, intelligence and detention personnel “contaminated” the heart of the government’s case against Khadr, he said: “The well, as it were, was poisoned.”

    A team of four prosecutors led by Jeffrey Groharing, a retired Marine major, responded that Khadr’s lawyers hadn’t met their burden for demonstrating that Khadr was abused, as Khadr — looking healthy in a white shirt and thick beard — looked on stoically. Dismissing a central aspect of the defense, Groharing bluntly stated that “no secret evidence” would be used in the government’s case against Khadr, and called to the stand an FBI special agent who testified to “non-confrontation[ally]” interrogating Khadr in October 2002 in Afghanistan. The prosecution additionally contended that Khadr’s own affidavit about his abuse should be excluded from court, since prosecutors couldn’t cross-examine the defendant — a motion that the judge in the proceeding, Army Col. Patrick Parrish, quickly rejected in the only question settled during the three-hour hearing.

    But in the hearing’s most dramatic moment, Flowers said at least one interrogator would testify to having personally taken part in Khadr’s abuse. As detailed in a motion filed by the defense in 2008, Khadr claims in his affidavit that his interrogators threatened him with rape, denied him medical treatment for gunshot and shrapnel wounds he suffered in his July 2002 capture in Afghanistan, and used him as a “human mop” to clean up his own excrement. The interrogator, referred to in the hearing only as “Interrogator #1,” will testify on behalf of the defense that he personally threatened Khadr “with rape” by threatening to render Khadr to an undisclosed Arab country where he would face the abuse.

    Asked for clarification after the hearing why the interrogator would risk incriminating himself, Flowers’ co-counsel, Barry Coburn replied, “I don’t know the answer to that.” He said he expected the interrogator to testify either late this week or early next week.

    Flowers and Coburn further alleged that the government has impaired its ability to investigate Khadr’s case and accordingly hindered their ability to defend their client. They said that at least 31 different law enforcement and intelligence agents had interrogated Khadr, but that the government had only provided them access to three — and that one of them, known only to the court as “Interrogator #3,” may have falsified a report of Khadr’s interrogation — something they learned only after reviewing an extensive report from the Justice Department into FBI knowledge of abuse at Bagram Airfield in Afghanistan and Guantanamo Bay.

    In response, the hearing’s only witness thus far, FBI Special Agent Robert Fuller, testified to interrogating Khadr six times in Bagram during a two-week period in October 2002, shortly before Khadr’s arrival in Guantanamo Bay. Fuller, a ten-year FBI veteran with the Joint Terrorism Task Force in New York City and before that a New York police officer, called Khadr’s treatment “comfortable, reasonable” and “conversational, non-confrontational,” leading Khadr to confess to throwing a grenade that killed a U.S. Army Special Forces sergeant, Christopher Speer.
    The FBI agent further said Khadr never once complained to him of any abuse the detainee experienced and that his interrogation sessions would feature “snacks” and bottles of water brought for Khadr — although he also said that guards brought Khadr into the interrogation room with a full hood over his head.
    Consistent with his behavior for the entire hearing, Khadr did not have any distinct reaction to Fuller’s testimony. The detainee, now approximately 23 years old, showed only the slightest of responses during the three-hour hearing, occasionally shifting in his chair, resting his chin on his fist to listen to the proceedings, or grinning understatedly at the few dozen observers lining the maroon-carpeted courtroom. After the hearing adjourned around 4:15 p.m. — so Khadr could pray — one of his Canadian lawyers, Nathan Whitling, told reporters, “he’s pretty uncomfortable in there.”

    That wasn’t the only uncomfortable moment in the hearing. Parrish cancelled the entire morning session, scheduled to begin at 9 a.m., so officers of the court could read 280 pages worth of rules of evidence and procedure issued only the previous evening. Coburn said he didn’t even receive the so-called Manual for military commissions until 9:20 a.m., and he was back in court by 1 p.m., citing rules in the Manual that he later called “extremely marginal improvements” over an earlier edition that was overridden after Congress and the Obama administration passed a law last year restructuring the military commissions.
    Some of those provisions, contained in what the Manual calls Rule 304, speak to the suppression of coerced evidence that Khadr’s attorneys seek. It bars statements produced by torture or coercion. But it allows the entrance into evidence of statements a defendant makes if a judge finds “the totality of the circumstances renders the statement reliable” and that the statement was “voluntarily given.” Additionally, lawyers can use statements of other detainees “allegedly produced by coercion” if a judge finds them to be torture-free, reliable, and if “the interests of justice would best be served by admission of the statement into evidence.”
    Other aspects of the Manual appear incomplete. Several rules are listed as blank — an implicit recognition of the rush with which Pentagon officials completed the Manual barely in time for Khadr’s pre-trial hearing, as even former commission officials expressed surprise that the Pentagon could move forward with the hearing without rules of evidence and procedure in place.
    Additionally, as first reported by The Miami Herald’s Carol Rosenberg, the Manual strips judges of the ability to factor into sentencing the years detainees have already served at Guantanamo Bay, and it doesn’t resolve a long-standing question vexing the commissions: Whether a detainee can plead guilty to a judge in a war-crime hearing that carries a death sentence.

    The Manual can’t resolve more fundamental disputes concerning the military commissions. Several times throughout Wednesday’s hearing, Khadr’s lawyers referred the detainee’s “Constitutional rights,” only to face objections from the prosecution that the Constitution doesn’t apply to the Guantanamo population. Parrish, seeking to streamline the issues he must adjudicate, instructed counsel to table the debate.

  • One Report: Integrated Reporting for a Sustainable Strategy

    Harvard Business School Senior Lecturer Robert G. Eccles and his co-writer explain how business’s use of integrated and transparent reporting of financial and nonfinancial results adds value to companies, their shareholders, and the overall sustainability of society.

  • No Small Matter: Science on the Nanoscale

    Felice Frankel, a research associate in systems biology at Harvard Medical School, and her co-author help to explain nanoscale technology with a book of thorough explanations and colorful, illustrative photographs.

  • Beauty Imagined: A History of the Global Beauty Industry

    From the emergence of the beauty industry in the 19th century, Geoffrey Jones, the Isidor Straus Professor of Business History, traces such beauty bastions as Coty, Estée Lauder, and Avon, and how they made beauty a full-time fascination and business.

  • Summer Vacations on a Budget

    beach chairAs we inch closer to summer, all I can think about is the awesome vacations I want to take. I picture myself spending weeks at the beach, lounging in the sun, listening to the waves roll in.

    And then I’m yanked back to reality. I can’t actually spend weeks and weeks relaxing at the beach. Hotels are expensive!

    So instead, I’m going to make the best use of my weekends, and with some budget-minded travel tips, I won’t break the bank.

    I’ve been itching to get out to Great Falls National Park to hike the trails and enjoy the views of the waterfalls. National Parks are an extremely budget-friendly form of entertainment and can be a great way to get your family outside enjoying the weather. Check the National Parks website to look for different parks and activities in your area.

    In my research for budget-friendly things to do this summer, I hadn’t expected to add amusement parks to my list of possibilities, but because of the economy, some parks are offering really cheap tickets or other special deals. It’s been way too long since a roller coaster has flipped me upside down, so that might be on the agenda too.

    If you’re looking to travel this summer, make sure to check out Fueleconomy.gov for a list of the cheapest gas prices in your area. With gas nearing $3 per gallon around here, I know it’s something I’m going to pay extra attention to this summer.

    What’s your best tip for summer vacations on a budget?

  • Facebook Like Button Seen by Billions Already

    Facebook created quite a splash with its announcements at the f8 developer conference. The new features are a bold move forward, but plenty of people were a little worried about the power Facebook was seemingly amassing. Facebook has released an overview of the conference and also several interesting numbers. The most interesting: more than 50,000 w… (read more)

  • Commitment-Phobe’s Journey: Is Palm dead?

     

    “A man’s got to know his limitations.”  I cannot believe that I just quoted Clint Eastwood.   I guess this officially means that I choose the next movie rental in my household.  But I digress.  On the heels of Palm CEO Jon Rubinstein’s declarations concerning the company’s future, a potential buyout of Palm, Inc. has been all the buzz.  So the question on everyone’s mind is whether a buyout will breathe some life back into the Palm products or be a nail in Palm’s coffin.  As a smartphone newbie who loves her Palm Pre Plus, my question is how did it get to this point?

     

    Over a decade ago, I was one of the many Palm Pilot users awe-struck by the new fad of electronic organization.  Palm and PDA were synonymous and the smartphone was just a twinkle in the cell phone industry’s eye.  Though the playing field of today’s smartphone revolution is clearly different, there is no question that Palm continues to have a very recognizable, strong brand name.  So as a once forerunner in the PDA market, how did Palm lose steam when it came to the natural progression of smartphones?

     

    Many of us can agree that one of the main reasons for Palm’s current predicament is poor marketing.  A decent ad campaign and overall marketing plan not only facilitates consumer awareness and knowledge of a product, but also drives interest and demand.  Needless to say, a poor or lacking campaign translates into the opposite.  And let’s face it, if your friends, family and coworkers aren’t buying a Palm smartphone, likely you aren’t either.  We tend to perceive value and demand products based upon what we see others using and wanting. 

     

    To be fair, advertising cannot be the full story and is not entirely to blame.  In my opinion, two other factors played into the equation – inadequate employee training and lacking retail inventory.  Having personal experience with both, I can honestly say that these are definitely contributors to Palm’s lackluster sales.  

     

    At the first Verizon store I visited in my quest for the perfect smartphone earlier this year, I was surprised to learn they didn’t carry the Palm phones.  The saleswoman informed me that they didn’t stock the Palms because “customers were interested in them.”  Pretty self-predicating in my opinion.  How could anyone be interested in a phone that they can’t see or touch, and maybe don’t even know exists, because it is not on the shelf?  The saleswoman went on to state that she could order one for me, but that when she did have a brief experience with a Palm Pre Plus, she couldn’t figure out how to turn it on.  Wow, ringing endorsement.  

     

    The second retail store I went to did have the Pre Plus and Pixi Plus on display, but presented a different challenge.  The sales representative actually confessed that he owned the Pre Plus but switched over to the Droid after a week because he couldn’t figure out the gestures.  He then went on to show me the Droid and even the then yet-to-be released Motorola Devour online.  At this point, I had almost given up entirely on the Palm Pre Plus, but I am glad I ultimately followed my instinct and went forward with purchasing one (albeit from another, more deserving retailer).

     

    All in all, webOS is a smart, intuitive and fun operating system and should have had a greater impact on the smartphone industry, especially considering the fact that it has received praise across the board.  I am not sure that Palm could have affected the market share of some of the big hitters, but with webOS’ multitasking, email integration and web capabilities, it surely should have interested more business users.  While many have faulted Palm’s design and the cited need for a full touchscreen, this argument doesn’t hold up when you consider the fact that Blackberry has a strong hold on its market with similar styling and design, and – in my opinion – less function.

     

    So is a buyout the answer?  In a word – maybe.  If slashing prices and offering free mobile hotspot service (along with a new ad campaign) is not enough to sway the masses, then some sort of drastic change is certainly needed.  Maybe a different company with a new vision can revamp Palm and restore some of its former glory.  Or maybe the change needs to come from within.  No matter the direction, I think we can all agree that the current course isn’t working for Palm, but that webOS is something special and should not be put out to pasture.


  • Power station plans put on hold by ETS freeze

    The Australian reports that Tony Abbott’s scuttling of the CPRS means that investment in new power stations is stalled until some clairty emerges about carbon pricing – Power station plans put on hold by ETS freeze.

    UP to $2 billion of investment in new power stations will be put on hold as a result of Kevin Rudd’s decision to delay his emissions trading scheme, as major power generators are unable to close financing of projects because of uncertainty about climate policies. …

    Energy Supply Association of Australia chief executive Brad Page said yesterday about $2bn of shoulder and baseload power projects could be put on hold by the deferral of the CPRS because the continuing uncertainty over the future price of carbon would mean they could not close deals with financiers.

    The Australian also has some good news from the government’s clearing the decks of controversial legislation, with the minister for censorship having his evil internet filter plan shelved – Rudd retreats on web filter legislation .

    KEVIN Rudd has put another election promise on the backburner with his controversial internet filtering legislation set to be shelved until after the next election. A spokeswoman for Communications Minister Stephen Conroy said yesterday the legislation would not be introduced next month’s or the June sittings of parliament. With parliament not sitting again until the last week of August, the laws are unlikely to be passed before the election.


  • If Banks DIDN’T Short The Euro And Greece, They’d Be In Even Deeper Trouble

    Tight Rope Switzerland

    Major U.S. and European banks would be exposed to far more risk from the Greece crisis if they weren’t allowed to short the euro and European sovereign debt.

    That’s because a collapse of Greece’s financial system, or further stress on the broader eurozone system, would have substantial negative effects on major banks through many parts of their large and varied businesses.

    They’re inherently massively exposed to a Greece/euro crisis if they have anything to do with Europe. Thus they need hedges to reduce this exposure from a risk management stand point.

    That’s why they are shorting the euro and European sovereign bonds including those of Greece, France, and Germany.

    Risk.net:

    Banks should, by now, be protected, says the London-based market risk head at a large UK bank. “If Greece defaults tomorrow and some bank stands up and says ‘I’ve lost a billion dollars on Greece’, they should fire everybody. Greece is an old story. What we’re trying to figure out is what happens next. Is it Portugal? Italy? Spain?”

    Large banks will have all kinds of assets and liabilities to balance, many of which have long-Europe exposure but which cannot be removed from the balance sheet. They need ways to balance these exposures in order to reduce risk.

    Faced with this range of possibilities, banks have tried to focus on something they can get their hands around – for example, the possibility yields at the long end of the euro interest rate curve could widen substantially or, conversely, tighten. “There are scenarios where the curve should steepen a lot and ones where you could expel a bad country – which would set a precedent – and I think the long end of the euro curve would look just great as a result. So it really could break either way,” says the US bank’s market risk head.

    His bank has been seeking to hedge a eurozone crisis scenario by shorting the euro. The European bank’s risk manager says the institution has been doing something similar, but using German and French bonds as a proxy for the eurozone and shorting them instead. Of course, those hedges might backfire if Germany did choose to walk away from the single currency. “It’s another concern. We’re very short Germany and France, as I’m sure a number of other banks are,” he says.

    Thus take away shorting mechanisms from markets and banks would all simply betting on the same long-Europe trade with no way to insure themselves.

    Just because they are short certain securities doesn’t necessarily mean they are net-shorting the euro, and hoping that Europe falls into chaos. Though some hedge funds could be net-short Europe in various ways. In fact most global financial institutions probably remain net-long Europe’s financial situation regardless of the short-hedges they may have in currency or sovereign bonds, since a collapse of the euro economy would probably be ugly for them, even if it were mitigated by gains on some short positions.

    Join the conversation about this story »

  • Does HP Buying Palm Promise To Solve Any Problems?

    It’s been rumored for several weeks now that Palm was up for sale, with a number of different companies supposedly taking a look at it, but news has come through now that HP has picked it up for $1.2 billion. Palm’s business has been running downhill for a few years now; its worldwide market share has fallen from 3.5 percent in 2005 to 1.5 percent in 2009 — despite the relatively warm welcome its Pre device received. The Pre was the first Palm phone to run its latest operating system, WebOS, which was supposed to help the company compete in a revitalized and highly competitive marketplace against the likes of Android devices and the iPhone. But that hasn’t yet happened. The Pre (and the following device, the Pixi) hasn’t grabbed significant market share, which compounds Palm’s other problem: lack of a strong developer community for WebOS. That is actually sort of ironic, given that an older incarnation of Palm was probably better than anybody in the mobile space at cultivating a huge and loyal developer community, back in the days of Palm OS. So if scale and a lack of developers are the two biggest problems holding Palm back, does the HP deal actually do anything to help solve them? Maybe that’s looking at the situation the wrong way: perhaps the point of this isn’t for HP to fix Palm, but for Palm to bring something more to the table for HP. Like 1,500 patents.

    Permalink | Comments | Email This Story





  • Joey Lawrence Baby Daughter Survives Early Health Scare

    It was a difficult world premiere for Joey Lawrenc baby daughter Liberty Grace — after the tot was delivered prematurely and spent five days in an intensive care unit battling a devastating blood disorder.

    Lawrence and his wife Chandi Yawn-Nelson welcomed Liberty on March 4 after a difficult pregnancy, which saw the mom-to-be diagnosed with with Rh, a rare blood disease which can often cause babies to be stillborn.

    “We had to go to the specialist every 24 hours during the last two or three weeks of the pregnancy,” Joey tells Life & Style. “We were so worried. We wanted to get Libby out so bad.”

    The couple was relieved when the tot was delivered safely — weighing in at 6 pounds, 8 ounces — but they faced an anxious wait after doctors spent nearly a week assessing their daughter before she was allowed to go home. Libby’s now 100% healthy.

    The couple also has a three-year-old daughter named Charli.

    “They handed Libby to me first, even before they cleaned her off. I held her for a second and then they took her from me and locked her in a tube (intensive care unit),” says the proud pop. “Our family of four is perfect,” Joey says. “We’d love to try for a boy, but unfortunately we’d have to deal with the Rh stuff every time. So if it’s not in the cards, then that’s okay. We’re blessed with two healthy girls.”

    The former teen star will join Sabrina The Teenage Witch actress Melissa Joan Hart in the new sitcom Melissa & Joey, premiering on ABC Family this fall.


  • First Peugeot RCZ commercial

    First Peugeot RCZ commercial

    Peugeot has launched the first advertising spot for RCZ, which opens the way premium brand model “Hors Series. According to the ad, French coupe owner chooses and not vice versa.

    Check please the YouTube commercial now,

    More Peugeot news!

  • Possible instance of genetic discrimination | Gene Expression

    Dr. Daniel MacArthur pointed me to this story, Conn. woman alleges genetic discrimination at work:

    A Connecticut woman who had a voluntary double mastectomy after genetic testing is alleging her employer eliminated her job after learning she carried a gene implicated in breast cancer.

    Pamela Fink, 39, of Fairfield said in discrimination complaints that her bosses at natural gas and electric supplier MXenergy gave her glowing evaluations for years, but targeted, demoted and eventually dismissed her when she told them of the genetic test results.

    Her complaints, filed Tuesday with the U.S. Equal Opportunity Commission and Connecticut Commission on Human Rights and Opportunities, are among the first known to be filed nationwide based on the federal Genetic Information Nondiscrimination Act.

    What probability do readers put in regards to this being a legitimate complaint? This seems a large firm, so I doubt that group insurance rates would change because of one person (I have heard of this occurring in small businesses where an expensive employee or employee’s family member can effect the rate for everyone else). So if it is legitimate the main issue would have been their fear of future illness, but the woman in question went through a double mastectomy, which I assume would obviate that concern. What am I missing? Are there expectations that she’d be taking medical leave in the future due to follow up operations or treatment?

  • iPhone HD to Tout 5MP Camera?

    Cliiiick!Despite the recent revelation and tear-down of the next-gen iPhone, there are still many questions surrounding the device (just less than there were before…).

    One of those questions concerns the camera in the upcoming device. We know that there is a flash on it, but what of the resolution?

    Well, according to The Chosun, LG Innotek have ramped up production of a high-quality 5MP sensor for the next iPhone.

    This comes as a contradiction to reports last December that OmniVision — current suppliers of iPhone CMOS sensors — would supply a 5MP variant for the next iPhone, but, so what? Either way, it looks like the next iPhone will have a 5MP camera.

    And damn well it should, too. This is the first year that the iPhone is faced with serious competition, so I wouldn’t doubt that Apple will finally bump the camera specs to match other phone manufacturers. And I don’t doubt they will.

    [via Apple Insider]